Transcom Limited is a Bangladeshi business conglomerate. The businesses under this group include beverages, pharmaceuticals, newspapers, electronics, restaurants, distribution, etc. Transcom is the local agent or comprador of international brands. This group employs more than 20,000 people. Transcom Group is one of the oldest and biggest companies in Bangladesh. The family business operations initially started in 1878 with tea plantations. Munshi Rahim Baksh, was the first Muslim individual to own and operate tea plantations in the subcontinent. He then brought his nephew Khan Bahadur Waliur Rahman into the business who had expanded the operations. His son Khan Bahadur Mujibur Rahman, further grew the tea businesses and also engaged himself in the jute and trading. His sons Latifur Rahman and Saifur Rahman founded the present day Transcom Group of Companies in 1981 along with Shahnaz Rahman and AS Mahmud.
History
Latifur Rahman established Transcom Group in 1973[1] after W Rahman Jute Mills, the major earning source for the Rahman family, was nationalised in 1972.[2] This diversified business house now has interests in many segments in the industrial and service sectors in Bangladesh. Transcom is the local agent or comprador of international brands like Pizza Hut, KFC, Pepsi and Philips, etc. Leading Danish insulin manufacturer Novo Nordisk has also chosen Transcoms pharmaceutical company Eskayef as the sole manufacturer of its products after China and India in Asia.